Envestnet, Inc., together with its subsidiaries, provides intelligent systems for wealth management and financial wellness in the United States and internationally. It operates through Envestnet and Envestnet | Yodlee segments. The company's product and services suites include Envestnet | Enterprise, which provides an end-to-end open architecture wealth management platform, as well as sells data aggregation and reporting, data analytics, and digital advice capabilities; Envestnet | Tamarac that provides trading, rebalancing, portfolio accounting, performance reporting, and client relationship management software; Envestnet | Retirement Solutions, which offer a suite of services for advisor-sold retirement plans; and Envestnet | Portfolio Management Consultants that provide research, due diligence, and consulting services to assist advisors in creating investment solutions for their clients, and patented portfolio overlay and tax optimization services. It also provides Envestnet | Yodlee data aggregation and data analytics platform, which offers cloud-based innovation for digital financial services. The company primarily serves banks, wealth management and brokerage firms, Internet services companies, and registered investment advisers. Envestnet, Inc. was founded in 1999 and is headquartered in Chicago, Illinois.
Industry, Sector and Symbol
Industry Business services, not elsewhere classified
Sub-IndustryInternet Software & Services
SectorBusiness Services
Phone312-827-2800
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$812.36 million
Profitability
Miscellaneous
Employees3,920
Next Earnings Date8/6/2019 (Estimated)
OptionableOptionable
Envestnet (NYSE:ENV) Frequently Asked Questions
What is Envestnet's stock symbol?
Envestnet trades on the New York Stock Exchange (NYSE) under the ticker symbol "ENV."
How were Envestnet's earnings last quarter?
Envestnet Inc (NYSE:ENV) posted its earnings results on Wednesday, May, 8th. The business services provider reported $0.18 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.22 by $0.04. The business services provider earned $199.70 million during the quarter, compared to the consensus estimate of $201.37 million. Envestnet had a negative net margin of 2.52% and a positive return on equity of 10.28%. The business's revenue was up .9% on a year-over-year basis. During the same quarter last year, the firm posted $0.37 EPS. View Envestnet's Earnings History.
When is Envestnet's next earnings date?
What guidance has Envestnet issued on next quarter's earnings?
Envestnet updated its FY19 earnings guidance on Wednesday, May, 8th. The company provided earnings per share (EPS) guidance of $2.08-2.15 for the period, compared to the Thomson Reuters consensus estimate of $2.14. The company issued revenue guidance of $902-912 million, compared to the consensus revenue estimate of $885.48 million.Envestnet also updated its FY 2019 guidance to EPS.
What price target have analysts set for ENV?
10 analysts have issued twelve-month price targets for Envestnet's stock. Their forecasts range from $65.00 to $82.00. On average, they expect Envestnet's share price to reach $73.6667 in the next twelve months. This suggests a possible upside of 8.1% from the stock's current price. View Analyst Price Targets for Envestnet.
What is the consensus analysts' recommendation for Envestnet?
10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Envestnet in the last year. There are currently 4 hold ratings, 5 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Envestnet.
Has Envestnet been receiving favorable news coverage?
Media headlines about ENV stock have trended positive recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Envestnet earned a media sentiment score of 3.0 on InfoTrie's scale. They also assigned media headlines about the business services provider a news buzz of 4.0 out of 10, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.
Who are some of Envestnet's key competitors?
Some companies that are related to Envestnet include Akamai Technologies (AKAM), Zillow Group (Z), Fair Isaac (FICO), WEX (WEX), Zillow Group (ZG), The Western Union (WU), Nielsen (NLSN), Etsy (ETSY), Alliance Data Systems (ADS), Farfetch (FTCH), CDK Global (CDK), GrubHub (GRUB), athenahealth (ATHN), CIELO S A/S (CIOXY) and MAXIMUS (MMS).
What other stocks do shareholders of Envestnet own?
Who are Envestnet's key executives?
Envestnet's management team includes the folowing people:
- Mr. Judson Taft Bergman, Chairman & CEO (Age 62)
- Mr. Peter H. D'Arrigo CFA, Chief Financial Officer (Age 51)
- Mr. Scott David Grinis, Chief Technology Officer (Age 57)
- Mr. William C. Crager, Chief Exec. of Envestnet Wealth Solutions (Age 55)
- Mr. Brandon Rockwell Thomas, Co-Founder & Chief Investment Officer (Age 55)
Who are Envestnet's major shareholders?
Envestnet's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Janus Henderson Group PLC (7.11%), BlackRock Inc. (6.84%), Wells Fargo & Company MN (6.66%), Wasatch Advisors Inc. (4.74%), Van Berkom & Associates Inc. (2.63%) and Clearbridge Investments LLC (1.87%). Company insiders that own Envestnet stock include Anil Arora, Charles Roame, Gayle A Crowell, Joshua Mayer, Judson Bergman, Matthew Majoros, Peter D'arrigo, Scott D Grinis, Shelly O'brien, Stuart Depina and William Crager. View Institutional Ownership Trends for Envestnet.
Which major investors are selling Envestnet stock?
ENV stock was sold by a variety of institutional investors in the last quarter, including DeepCurrents Investment Group LLC, Victory Capital Management Inc., Wells Fargo & Company MN, Janus Henderson Group PLC, Van Berkom & Associates Inc., ArrowMark Colorado Holdings LLC, Morgan Stanley and SG Americas Securities LLC. Company insiders that have sold Envestnet company stock in the last year include Anil Arora, Charles Roame, Gayle A Crowell, Joshua Mayer, Judson Bergman, Matthew Majoros, Scott D Grinis, Shelly O'brien, Stuart Depina and William Crager. View Insider Buying and Selling for Envestnet.
Which major investors are buying Envestnet stock?
ENV stock was purchased by a variety of institutional investors in the last quarter, including TimesSquare Capital Management LLC, Fort Washington Investment Advisors Inc. OH, Champlain Investment Partners LLC, Fiera Capital Corp, Federated Investors Inc. PA, Select Equity Group L.P., Family Management Corp and Dimensional Fund Advisors LP. Company insiders that have bought Envestnet stock in the last two years include Charles Roame and Gayle A Crowell. View Insider Buying and Selling for Envestnet.
How do I buy shares of Envestnet?
Shares of ENV can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Envestnet's stock price today?
One share of ENV stock can currently be purchased for approximately $68.17.
How big of a company is Envestnet?
Envestnet has a market capitalization of $3.32 billion and generates $812.36 million in revenue each year. The business services provider earns $5.76 million in net income (profit) each year or $1.25 on an earnings per share basis. Envestnet employs 3,920 workers across the globe.
What is Envestnet's official website?
How can I contact Envestnet?
Envestnet's mailing address is 35 EAST WACKER DRIVE SUITE 2400, CHICAGO IL, 60601. The business services provider can be reached via phone at 312-827-2800 or via email at [email protected]
MarketBeat Community Rating for Envestnet (NYSE ENV)
MarketBeat's community ratings are surveys of what our community members think about Envestnet and other stocks. Vote "Outperform" if you believe ENV will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ENV will underperform the S&P 500 over the long term. You may vote once every thirty days.
